Current:Home > MarketsThe international Red Cross cuts budget, staffing levels as humanitarian aid dries up -Elevate Money Guide
The international Red Cross cuts budget, staffing levels as humanitarian aid dries up
View
Date:2025-04-15 07:01:14
GENEVA (AP) — The part of the international Red Cross that deals with conflict and prisoners of war announced Monday it will trim its projected budget by about one-eighth next year and cut nearly 20% of staff at its headquarters.
The International Committee of the Red Cross, which among other things has focused on detainees on both sides of Russia’s war in Ukraine, says it will reduce its initial 2024 budget forecast to 2.1 billion Swiss francs (about $2.4 billion). That’s down about 13% compared to its already revised budget for this year.
The ICRC is a sister outfit of the International Federation of Red Cross and Red Crescent Societies, which unites national chapters and focuses on disaster relief, health emergencies and other humanitarian aid activities focusing on vulnerable people.
Funding for humanitarian aid has dried up considerably.
Director-General Robert Mardini said ICRC would need to prioritize its activities and said the United States — its biggest donor — was among the countries that had reduced its contributions in this year.
Even before the latest revisions, the organization in the spring had announced plans to slash 430 million francs in costs worldwide, revising down its appeal for 2.8 billion francs in funding and saying 1,800 people globally would lose their jobs.
The reductions announced Monday involve about 270 staffers among 1,400 at its Geneva headquarters.
The 160-year-old organization, which focuses on victims of war, conflict and other situations of violence, said the cuts come amid a trend of shrinking humanitarian aid budgets, despite rising needs in places wracked by armed conflict such as Sudan, Ukraine and Africa’s Sahel region.
veryGood! (3744)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Before Katy Perry's farewell season of 'American Idol,' judges spill show secrets
- 5-year-old migrant boy who got sick at a temporary Chicago shelter died from sepsis, autopsy shows
- Lionel Messi, Inter Miami tickets: Here are the Top 10 highest-selling MLS games in 2024
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Dandelions and shrubs to replace rubber, new grains and more: Are alternative crops realistic?
- Vince Carter, Doug Collins, Seimone Augustus lead 2024 Basketball Hall of Fame finalists
- The Daily Money: Now might be a good time to rent
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Venezuela bribery witness gets light sentence in wake of Biden’s pardoning of Maduro ally
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Iskra Lawrence’s Swimwear Collection Embraces Authentic Beauty With Unretouched Photos
- Albuquerque Police Department opens internal investigation into embattled DWI unit
- Trump hawks $399 branded shoes at ‘Sneaker Con,’ a day after a $355 million ruling against him
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Don’t Miss Kate Spade Outlet’s Presidents’ Day Sale Featuring Bags Up to 90% Off, Just in Time for Spring
- Free People’s Presidents’ Day Sale Will Have You Ready for Summer With up to 65% off the Cutest Pieces
- Driver of stolen tow truck smashes police cruisers during Maryland chase
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Dakota Johnson's new 'Madame Web' movie is awful, but her Gucci premiere dress is perfection
13 men, including an American, arrested at Canada hotel and charged with luring minors for sexual abuse
Former CBS executive Les Moonves to pay Los Angeles ethics fine for interference in police probe
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Surprise snow? Storm dumps flakes over about a dozen states.
Dakota Johnson's new 'Madame Web' movie is awful, but her Gucci premiere dress is perfection
Solemn monument to Japanese American WWII detainees lists more than 125,000 names